STAFF REPORT IBD: The Pakistan Telecommunication Authority (PTA) has issued information memorandum for the auction of three 3G and one cellular licence for 1900/2100 MHz (3G/4G/LTE) band and 800 MHz Band.
The base price for 3G licence would be $210 million for duration of 15 years, while the auction will be held in multiple rounds through open outcry method.
The base price for mobile cellular (defunct) license is set at $155 million for the duration of around 8 years, says a press release issued here last week.
The authority has set at $23.25 million as bid earnest money for auction of cellular phone defunct license for frequency spectrum of 800MHz whereas it set $31.5 million bid earnest money for auction of new Cellular Phone for spectrum of 1900/2100 MHz.
PTA will award one technology-neutral nationwide license to Cellular Mobile Operators (CMOs) and including existing and new players.
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